The Database License Agreement is essential for organizations seeking to formalize the terms of database access and usage in Singapore's jurisdiction. This contract type is particularly relevant given Singapore's position as a major data center hub and its comprehensive legal framework for data protection. The agreement addresses critical aspects such as intellectual property rights, data protection compliance, usage limitations, and security requirements, while ensuring alignment with Singapore's PDPA, Copyright Act, and other relevant legislation. It's commonly used when one party wishes to grant another party rights to access, use, or distribute database content while maintaining control over intellectual property and ensuring regulatory compliance.
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Key Requirements PROMPT example:
Database License Agreement
"I need a Database License Agreement to grant access to our financial market data to three enterprise clients in Singapore, with strict usage limitations and quarterly payment terms starting from March 2025."
1. Parties: Identification and details of the licensor and licensee
2. Background: Context of the agreement and brief description of the database
3. Definitions: Key terms used throughout the agreement
4. License Grant: Scope and nature of the license being granted
5. License Restrictions: Limitations on use and prohibited activities
6. Fees and Payment: Financial terms and payment conditions
7. Intellectual Property Rights: Ownership and protection of database rights
8. Confidentiality: Protection of confidential information
9. Term and Termination: Duration and termination conditions
1. Service Levels: Performance standards and metrics for hosted databases with uptime requirements
2. Data Protection: PDPA compliance measures for handling personal data
3. Territory Restrictions: Geographical limitations on use for territorially restricted licenses
4. Support Services: Technical support provisions when ongoing support is provided
1. Database Description: Technical specifications and content details
2. Fee Schedule: Detailed pricing structure and payment terms
3. Service Level Agreement: Detailed performance metrics and remedies
4. Security Requirements: Technical and organizational security measures
5. Acceptable Use Policy: Detailed terms of permitted and prohibited use
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